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im a saver by nature i like to see things stack and multiply and just grow... gettin my college degree in two terms, and im looking to put a down payment on a home by the end of 2012.
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this.Originally Posted by andycrazn
i save it in precious metals
Originally Posted by 2SeatPort
I'm fortunate enough to have a job where I can live comfortably off of one of my two paychecks a month, so I'm saving ~ $2000 a month ...I have a well-paying job but my whole first year of savings is going into student loans, including the midyear bonus i just got. My girl says that I can be cheap sometimesbut in the sense that I don't ever buy new clothes and such for myself, even if I'll still pay for her meals/tickets. She got mad cause I went to look at Sperrys, saw that they were cose to $100 and instead got some GBX shoes from sears to wear to work instead. Oh well, my goal is to be debt-free by 25. Unless there's an easily liquidable investment that returns 5% or better, I just wanna get rid of my student debt asap...
Anyone have any tips on stacking? My tip is to set a hard budget and save half of any unexpected money you come across- but the rest is for your to spend on anything you want. That way you're still able to enjoy yourself-guilt free when some $$ comes your way while still saving more than you think you are.
Originally Posted by AnotherBoringUsername
i wish i COULD save. damn bills.
If you dont mind me asking how old are you and how much is in your account? I'm 26 and I feel like I'm SUPER behind in building a savings.Originally Posted by Mr 100
Debt free. ING takes out 100 a week, an extra 50 bi weekly and I have 20% of my check going to my IRA.. I still buy lavish items, eat out and live life. I act as if my ING doesn't exist. Been doing that same saving method since 18. I don't even notice the money going out and the account is looking pretty nice.
Originally Posted by trunks206
If you dont mind me asking how old are you and how much is in your account? I'm 26 and I feel like I'm SUPER behind in building a savings.Originally Posted by Mr 100
Debt free. ING takes out 100 a week, an extra 50 bi weekly and I have 20% of my check going to my IRA.. I still buy lavish items, eat out and live life. I act as if my ING doesn't exist. Been doing that same saving method since 18. I don't even notice the money going out and the account is looking pretty nice.I guess I want to get some inspiration.
homie, aren't you like 16 or 17? Not that it matters (I'm 16) But you seem so damn smartOriginally Posted by scshift
Back when I had a job, I saved 100% of it. No lie, every time I got a paycheck I'd go to the ATM, throw it into my savings account and never withdraw it, for the entire duration of my employment (about a year, minus a couple months). I didn't put it into my checking account because that meant I could've used my ATM card places and use money, I basically left it there untouched.
Looking back, it was a dumb move, I made like 0.05% interest and I should have invested it.
Originally Posted by wawaweewa
Originally Posted by trunks206
If you dont mind me asking how old are you and how much is in your account? I'm 26 and I feel like I'm SUPER behind in building a savings.Originally Posted by Mr 100
Debt free. ING takes out 100 a week, an extra 50 bi weekly and I have 20% of my check going to my IRA.. I still buy lavish items, eat out and live life. I act as if my ING doesn't exist. Been doing that same saving method since 18. I don't even notice the money going out and the account is looking pretty nice.I guess I want to get some inspiration.
This can vary wildly. What age did you start working? What have been your cumulative after tax earnings thus far? Kids? Married? What do your fixed costs look like?
I'd say that if you started at 21, single with no kids, reasonable college debt load, and have earned within 15% of median (which is around 40k) or above, one should have at least 35-40k easily now. That's on the low side as well.
There's just too many factors. Most people get done in by their college debt load.